A Boring Dystopia

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A millennial couple who make $250,000 say they can't find a home in their budget: 'We refuse to become house-poor' (www.businessinsider.com)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 24 points 1 month ago (1 children)

Over the past three years, the couple, who are both 36 and live in a suburb of Portland, Oregon, have been looking for a home.

Yeah, it be like that here. Most houses are costing around 1,000,000 in the Portland area due to wealthy techbros moving from San Fran.

[–] [email protected] 4 points 1 month ago (1 children)

Sure, but it's also harder to have that pay in areas that don't charge that much. It's like real estate keeps rising prices right until it uses up almost all your money...

[–] [email protected] 4 points 1 month ago

There's also a trend of hedge funds purchasing land and homes with the sole purpose of renting or using them as Airbnb's as a method of "investing".